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Funding · Financial Services

Aham Housing Finance raises ₹100 crore follow-on funding

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Date
Company
Aham Housing Finance
What it does
Technology-led affordable housing finance
Kind
Funding
Amount
₹100 Cr
Stage
follow-on
Sector
Financial Services

What they do

Aham Housing Finance provides affordable home loans to self-employed and first-time homebuyers in India

What happened

It raised ₹100 crore in follow-on funding led by The Sanmar Group, with participation from existing investor Negen Capital

Why it matters

The company will use the funds to strengthen lending capacity, enter new markets, and invest in technology and risk management

The details

  • Aham Housing Finance raised ₹100 crore in a follow-on funding round.
  • The round was led by The Sanmar Group.
  • Existing investor Negen Capital also participated.
  • The company will use the funds to strengthen lending capacity.
  • It plans to deepen presence in existing geographies and enter select new markets.
  • It will also invest in technology, underwriting and risk-management capabilities.

The bigger picture

  • Aham Housing Finance has recorded growth across key operating metrics over the past few years.
  • It has maintained prudent risk management while growing.

About the business

  • Aham Housing Finance is a technology-led affordable housing finance firm.
  • It serves underserved and emerging borrower segments across India.
  • It offers affordable home loans for self-employed and first-time homebuyers.
  • The company uses data-driven underwriting and localized distribution.
  • It follows prudent risk management practices.

What happens next

  • Strengthen lending capacity.
  • Deepen presence in existing geographies.
  • Enter select new markets.
  • Invest in technology, underwriting and risk-management capabilities.

The deal

Type
follow-on funding

Investors

  • The Sanmar Group (lead) — A diversified business group; Vijay Sankar is its Chairman.
  • Negen Capital (participated) — Existing investor in Aham Housing Finance.

Founders

  • Venkatesh Kannappan, Founder & Managing Director

About Aham Housing Finance

Product
Home loan platform for underserved borrowers
Customers
Self-employed and first-time homebuyers
How it makes money
Housing finance
What sets it apart
Specialized underwriting for informal income

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